Kaia, a new blockchain network formed through the merger of Line and Kakao's platforms, aims to bridge the gap between Web2 and Web3 in Asia and beyond. The merger, which united Kakao's Klaytn Foundation and Finschia Foundation under Line Tech Plus, was completed under the name "Kaia" on Thursday. The combined platform, with a market capitalization of over 1 trillion won, is positioned to be the largest blockchain network in Asia. At an event in Seoul, Kaia DLT Foundation Chairman Sam Seo emphasized that the vision for Kaia extends beyond integrating existing platforms and strives to set the direction for the growth of the blockchain industry in the Web3 environment. In addition, Kim Woo-suk, director and chief strategy officer at Line Next, stressed the importance of going beyond mere technological integration and changing the trends of Web3 through new initiatives. The operators of Kaia introduced the "Kaia Wave" program to attract a broader audience, aiming to draw Web2 users into the Web3 environment through a simplified process. The initiative, operated by Kaia and Line Next, will provide $10 million in funding for Web3 developers, enabling them to enhance Line with new functions that encourage users to manage their digital assets on the messaging app. The Kaia DLT Foundation was established in Abu Dhabi on Aug. 16 to facilitate the merger, with the launch delayed by two months due to regulatory approval delays from Abu Dhabi authorities.